Coffee Holding Co., Inc. (NASDAQ:JVA – Get Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $1.17 and traded as high as $1.48. Coffee shares last traded at $1.45, with a volume of 33,377 shares trading hands.
Wall Street Analyst Weigh In
Separately, StockNews.com started coverage on Coffee in a research report on Saturday. They issued a “hold” rating on the stock.
Check Out Our Latest Stock Analysis on Coffee
Coffee Stock Down 1.1 %
Coffee (NASDAQ:JVA – Get Free Report) last announced its quarterly earnings results on Monday, March 18th. The company reported $0.06 EPS for the quarter. Coffee had a net margin of 0.07% and a return on equity of 0.20%. The company had revenue of $19.54 million for the quarter.
About Coffee
Coffee Holding Co, Inc engages in manufacturing, roasting, packaging, marketing, and distributing roasted and blended coffees in the United States, Australia, Canada, England, and China. It offers wholesale green coffee products, including unroasted raw beans that are sold to large, medium, and small roasters, as well as coffee shop operators; and roasts, blends, packages, and sells coffee under private labels in cans, brick packages, and instants of various sizes.
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